A project report on stock market is being prepared in attempts to interpret in-depthstudy of volatility in Indian stock market. This report helps us to understand variousterminologies in stock market. This report gave me opportunity to have complete ideaabout volatility in stock market. This gave me idea about technical and fundamentalanalysis in stock market and how trading is being done in stock market.This project report helps in following aspects,Build understanding of central ideas and theories of stock market.Develop familiarity with the analysis of stock market.Furnish institutional material relevant for understanding the environment inwhich trading decisions are taken.This project will guide to investors for an investment in stock market. This projectdeployed a lot time for collections of information from various sources. This projectwill be very helpful to know volatility from January 2006 to December 2006 andreasons for such high volatility and would be able to take decisions for investment involatile stock market